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Secondaries on Bitfinex are trading at $17 a pop equating to a $3.7B valuation for Bitfinex. This seems a bit low compared to Coinbase's for running the hodgepo
by atian 6y ago
Secondaries on Bitfinex are trading at $17 a pop equating to a $3.7B valuation for Bitfinex. This seems a bit low compared to Coinbase's for running the hodgepodge operation that is Tether.
- 0xy 6y agoIt seems low because Bitfinex has a literal money printing machine that the New York AG doesn't care about as long as they get their kickbacks in the form of fines.